Download list
Locations / Sites
Contacts
Login
Back to News

Borealis wins the 2019 Foreign Investment of the Year Trophy

Photo: Flanders’ Minister-President Geert Bourgeois handed the FIT trophy to Thomas Van De Velde, Borealis Vice President Hydrocarbons & Energy

​Photo: © Flanders Investment & Trade

Recognition for EUR 1 billion investment in new propylene dehydrogenation plant in Kallo, Belgium

On 18 March 2019 Borealis received the 2019 Foreign Investment of the Year Trophy from Flemish Prime Minister Geert Bourgeois. With this Award, Flanders Investment & Trade (FIT) honours an exceptional investment by an international company in Flanders.

With this initiative, FIT is highlighting the socio-economic importance of foreign direct investment for the seventh year in a row.

Borealis is investing EUR 1 billion into the construction of a new propane dehydrogenation plant on its existing site in Kallo, at the Port of Antwerp, Belgium. “We feel honoured and proud to have won the FIT trophy”, comments Borealis CEO Alfred Stern. “Our investment strengthens Flanders’ position as an industry location, creates additional employment, and enables us to supply our customers with end products in a competitive and sustainable way.

Watch FIT’s video with Borealis CEO Alfred Stern and Vice President Hydrocarbons & Energy, Thomas Van de Velde, explaining the importance of this project for the region and for Borealis.

Read more on www.foreigninvestmenttrophy.be.

Photo: Flanders’ Minister-President Geert Bourgeois handed the FIT trophy to Thomas Van De Velde, Borealis Vice President Hydrocarbons & Energy

​Photo: © Flanders Investment & Trade

Media Contact
Virginia Mesicek
Senior Manager a.i., External Communications

Related News

News – 21/02/2020

Pasuruan regency partners with Project STOP and Nestlé to create a sustainable waste management and help reduce ocean plastic pollution

Read more

Media Release – 05/02/2020

Borealis polyolefin innovations enable the transition to a lower carbon energy future

Read more

Media Release – 28/01/2020

Borealis renews its long-term commitment to UAE Educational & Social organisations at signing ceremony in Abu Dhabi

Read more

News – 14/01/2020

HP Inc. Joins Project STOP to Keep Plastic Waste Out of the Environment

Read more

Media Release – 09/01/2020

Borealis to acquire NOVA Chemicals ownership interest in Novealis Joint Venture

Read more

News – 19/12/2019

Always ‘evermindful’, in all parts of the business

Read more

News – 15/11/2019

First Graduates of the Borealis MORE Grant

Read more

Media Release – 12/11/2019

Project STOP receives renowned ADIPEC Award

Read more

News – 08/11/2019

Borealis honoured with "Best Legal Department 2019"-Award

Read more